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Executive Compensation: A Brief Review

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  • Michael L. Bognanno

    (Department of Economics, Temple University)

Abstract

Chief executive officer (CEO) compensation is defined as the sum of base pay, bonuses, stock grants, stock options, other forms of compensation and benefits. Inflation?adjusted, median total CEO compensation in the United States almost tripled between 1992 and 2000, with grants of stock options evolving to be the largest component of compensation. This article presents the arguments for and against this level and composition of CEO compensation.

Suggested Citation

  • Michael L. Bognanno, 2010. "Executive Compensation: A Brief Review," DETU Working Papers 1002, Department of Economics, Temple University.
    • Handle: RePEc:tem:wpaper:1002
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    File URL: http://www.cla.temple.edu/RePEc/documents/detu_10_02.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    CEO compensation;

    JEL classification:

    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods

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